Smart Balance Holds First Stockholders Meeting Since Acquiring GFA Brands

PARAMUS, N.J., May 21 /PRNewswire-FirstCall/ -- Smart Balance Inc. today held its first Annual Meeting of Stockholders after acquiring GFA Brands, Inc. one year ago. The meeting was held in Teaneck, N.J. near the Company's corporate headquarters.

Smart Balance Chairman and CEO Stephen Hughes spoke to stockholders about the Company's plans for growth and reviewed the many accomplishments of the past 12 months. "In the year since we acquired the Smart Balance family of products we have built a unique organization that is focused on growing the business," Hughes said. "I am pleased with the success the team has achieved so far with our first new products in spreads and butter blends, and with the progress we are making to meet the goal of increasing our shelf presence by 50 percent with our 'Plus Six' initiative."

Stockholders elected William Hooper, James Leighton and Gerald "Bud" Laber to serve three-year terms on the Board of Directors. In addition, stockholders ratified the selection of Ehrhardt Keefe Steiner & Hottman as the Company's independent auditors for the 2008 calendar year. Also approved was an amendment to the Company's stock and award plan to increase the number of shares available for award by 2.5 million, bringing the total shares under the plan to 12.15 million.

About Smart Balance Inc.

Smart Balance Inc. is committed to providing superior tasting heart healthier alternatives in every category it enters by avoiding trans fats naturally, balancing fats and/or reducing saturated fats, total fat and cholesterol. The company's products include Smart Balance(R) Buttery Spreads, Milk, Butter Blend Sticks, Cream Cheese, Peanut Butter, Microwave Popcorn, Cooking Oil, Mayonnaise, Non-Stick Cooking Spray and Cheese. Smart Balance Inc. is one of the five fastest growing food companies in the United States, according to Nielsen sales figures. For more information about products and the Smart Balance(TM) Food Plan, visit http://www.smartbalance.com.

Smart Balance Inc.

CONTACT: Media, Brent Burkhardt of TBC Public Relations for Smart Balance
Inc., +1-410-986-1303, bburkhardt@tbc.us ; or Investors, John Mintz of Smart
Balance Inc., +1-201-568-9300, investor@smartbalance.com

Web site: http://www.smartbalance.com/